Breakout Pattern confirmed Valid price target $29; 47% above current SP.
High dividend and great earnings/ divi growth prospects. 47% divi growth TTM
8% undervalued by dividend yield theory
≈10% higher profit margin than sector median
There is a good chance that SP returns to apex prior to resuming uptrend, anything below 22 is decent valuation, but less than 16 makes it a 5 star M* buy.
KMI trade ideas
$KMI KINDER MORGAN CO FOUNDER BUYS $70 MIL IN STOCK.Kinder Morgan will announce results on the 17TH APRIL after hours, we will be taking a small long position into those earnings despite the fact that indicators are mixed.
We see the $70 million investment by the CO Founder and the recovery in China as future stimulus for the stock.
The Z [Testing New Strat]I could be possibly recognizing a new bearish pattern starting to form around resistance to come and find support. So here I start with a weekly timeframe showing it previously blew past its recent resistance and it halting somewhat on its new resistance that it had around July of last year. Last week had a bearish closing bar as you go in to lower timeframes you can start to find resistance. This "Z" has been found in the 1HR timeframe, with the top and bottom lines of the Z equal in length.
KMI with good idea but I was bustedBefore the trade
Write sometning about your psyhology thinking before trade? it is a little disapointmet day because two trade went south
Describe the trade. What you see? price channeling so price will go down to the resistance point
After the trade
What have I done well for this trade? Predicion of the channel was right
What can I take away to help with later trades? that you will make a rule for the sideway channels to put protective stop
KMI Bottom to Platform at Q3 EarningsThis is a bottoming formation that has been in a platform pattern after completion of the bottom in July. Shift of sentiment occurred in April. Quiet accumulation patterns are present from May through early July but are not present at this time. The stock had some down days but remained within the range of this platform. HFT gap potential if earnings surprise.